Course Details

Country: South Africa
Course Title: Development Economics
Course Number: 281
Course Description: The first semester covers questions such as “What were the origins of human prosperity?”; “Why is Africa poorer than other regions?”; “Why did a small group of people in North-Western Europe suddenly experienced rapid growth in income in the early nineteenth century?”, “Why do massive inequalities remain, even within national borders (with South Africa the perfect example)?” Mankind’s eternal quest to satisfy his needs with limited resources stands central to answering these questions. In search of answers, we investigate historical examples. The development of mankind – especially the last 400 years – provides a tapestry of choices by ordinary people, leaders and countries and the consequences that it entailed. The lessons of the past help us to navigate the future with more confidence and wisdom.
Language: English
Approved Equivalent: ECON 362, HNRS 130
Course URL:
Attachment Files: Development Economics 281.pdf


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